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Video

Tuesday  28 February 2012  18:30 - 20:00


CEP Special Events

CEP 21st Birthday Lecture: Comparing Real Wages: the McWage Index

Orley Ashenfelter (Princeton University)


Real wages measure worker welfare and the cost of labour. Professor Ashenfelter reports the results of a decade long study of wage rates at McDonald's restaurants in over 60 countries.